897 Eighth Street

- $2,049,000

Lakeview, Mississauga, L5E1R3
MLS ® W12834286

Approved Severance | Prime Lakeview Development Opportunity Attention builders and strategic investors: this is a fully approved severance opportunity in one of Mississauga's most desirable lakefront growth corridors. The property has been severed into two 35 x 146 ft lots, each capable of supporting approximately 3,500 sq. ft. above-grade luxury detached homes. Why This Investment Makes Sense: Lakeview continues to experience strong luxury home absorption. Demand for new custom builds near the waterfront remains robust. Premium resale values for newly built 3,000-4,000 sq. ft. homes in the area. Approved severance significantly reduces entitlement risk and holding uncertainty. Flexible exit strategies: build & sell, build & hold, or joint venture .Projected builds can feature open-concept layouts, high ceilings, oversized windows, chef-inspired kitchens, luxury primary suites, and upscale finishes tailored to today's end-user expectations. Strategically located minutes from: Waterfront parks & marina; Port Credit amenities; QEW access (15-20 mins to downtown Toronto);Established schools & golf courses. With severance completed, much of the planning timeline risk has already been mitigated - allowing investors to focus on design optimization, cost control, and margin maximization. This is a high-demand micro-location with proven redevelopment momentum. (id:38551)

Features

  • Carpet Free

Location

Details

897 Eighth Street, Lakeview, , Mississauga

  • Land
    70.1 x 146.3 FT
  • Bedrooms

    Above Grade: 3

    3
  • Bathrooms
    2
  • Parking

    Attached Garage, Garage

    5

Rooms

897 Eighth Street, Lakeview, , Mississauga

  • Living Room

    main level

    4.57 m x 4.93 m
  • Dining Room

    main level

    2.46 m x 3.15 m
  • Kitchen

    main level

    3.84 m x 3 m
  • Primary Bedroom

    main level

    4.27 m x 3.12 m
  • Bedroom 2

    main level

    3.73 m x 3.58 m
  • Bedroom 3

    main level

    2.95 m x 3.71 m